Bank of New Orleans
Bank of New Orleans was a bank headquartered in Metairie, Louisiana. It was a subsidiary of Louisiana Bancorp, Inc., a bank [holding company]. It operated four branches, all of which were in Louisiana, including a branch at 1010 Common. In 2015, the company was acquired by Home Bancorp, Inc.
History
The bank was founded in 1909.On May 23, 2007, it became a public company via an initial [public offering].
In 2008, the bank declined to receive an investment from the United [States Department of the Treasury] as part of the Troubled Asset Relief Program.
On September 15, 2015, the bank was acquired by Home Bancorp, Inc. for $75 million.